Singapore-based independent KrisEnergy said Tuesday that it did not find “significant pay zones” as its Mancharee-1 well in the Gulf of Thailand.
The exploration well was drilled in 170 feet of water and reached a total measured depth of 12,205 feet (10,460 feeet true vertical depth subsea).
The well had gas shows at several levels but no shows were large enough to warrant more development, KrisEnergy said.
The well is located in Block G10/48 where the company is developing the Wassana oil field.
Mancharee-1, the final commitment well in the third exploration phase of the license, was drilled using Seadrill’s West Cressida jack up rig.
KrisEnergy holds a 100 percent working interest in Block G10/48. The block covers 1813 square miles (4,696 square kilometers) over the southern section of the Pattani Basin in about 196 feet (60 meters) of water.
The block also holds the Niramai and Mayura oil discoveries.